The crypto-market cap is increasing, and a well-known analyst/trader shares his thoughts on the two most popular digital assets.
Bluntz is the pseudonymous name of a crypto-analyst. tells The memecoin Dogwifhat has 241,400 fans on social media platform X.WIFThe long-term timeframes are showing a bullish divergence.
When the Relative Strength Index, or RSI in this example, is forming higher lowers and the price of the asset continues to form lower lows then you have a bullish divergence.
WIF has risen to $0.952 as of the time of this writing. This is a 229% increase from its low price of $0.289, which was recorded on 24th February.
Solana:SOL() the pseudonymous expert says The layer-1 altcoin could be at a bottom against Bitcoin.BTCAfter forming a divergence bullish on the hourly timeframe,
![](https://fxruhanahmed.com/2/wp-content/uploads/2024/03/1710195364_101_Analyst-Updates-Outlook-on-Altcoin-Thats-Exploded-Over-220-in.jpeg)
Bluntz has set a timeframe of three days. says The Solana/Bitcoin pairing is informing “hell of a bottom wick”. The bottom wick of a candle indicates that the price has risen significantly from its low and closed at a higher price. This thin line is visible at the lower portion of the candles.
![](https://fxruhanahmed.com/2/wp-content/uploads/2024/03/1710195364_370_Analyst-Updates-Outlook-on-Altcoin-Thats-Exploded-Over-220-in.jpeg)
At the time of this writing, Solana was trading for 0.00216 BTC (133.37 USD).
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